Wright Completes Sale of Tornier Large Joints to Corin

Wright Medical completed the sale of Tornier's hip/knee business to Corin for €29.7MM in cash (~US $32.3MM). Net after-tax proceeds to Wright are expected to be ~$20MM.

Corin's acquisition includes hip and knee implants sold globally, such as Dynacup® and Meije Duo® hips and HLS KneeTec® and HLS Noetos® knee implants.

Wright will proceed to...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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